Corner Capital Announces Capital Raise for Estepp Energy, LLC & Affiliates
For Immediate Release Austin, TX December 13, 2022 LEXINGTON, KY – Corner Capital Advisors, LLC (“Corner Capital”) announced today that it served as sole financial advisor on Estepp Energy, LLC’s, Estepp Friendly Shell, Inc.’s, and Estepp Land Paris, LLC’s (the three entities are collectively referred to as the “Company” or “Estepp & Affiliates”) debt refinancing,…
Morgan Oil Company, Inc. Acquired by Majors Management, LLC
For Immediate Release Austin, TX November 4, 2022 NACOGDOCHES, TX – Morgan Oil Company, Inc. (“Morgan Oil”, or the “Company”), a Chevron-branded petroleum marketer, convenience retailer, and commercial fuels distributor headquartered in Nacogdoches, TX, announced today the successful sale of its convenience retail, dealer wholesale, commercial fuel supply, and Chevron branded distribution assets to Majors…
Royce Groff Oil Company sells Retail, Wholesale and Commercial Assets to Texas Enterprises, Inc.
For Immediate Release Austin, TX April 6, 2022 CASTROVILLE, TX – Royce Groff Oil Company and Affiliates (“RGOC”), a branded petroleum marketer and convenience retailer in Medina County, TX, announced today the successful sale of its convenience retail (operating under the “Valley Mart” brand), branded distribution, and commercial fuel assets to Texas Enterprises, Inc. (“Texas…
Laurel Oil, LLC Acquired by Clark Oil Company, Inc.
For Immediate Release Austin, TX March 31, 2022 LAUREL, MS – Laurel Oil, LLC (“Laurel Oil”) d/b/a Rapid Express, a branded petroleum marketer and convenience retailer in Jones County, MS, announced today the successful sale of its convenience retail and Shell branded distribution assets to Clark Oil Company, Inc. (“Clark Oil”) of Waynesboro, MS. Founded…
WG JOHNSON OIL COMPANY SELLS TO COLE DISTRIBUTING COMPANY
Corsicana, TX: WG Johnson Oil Company Sells to Cole Distributing Company. W.G. Johnson Oil Company of Corsicana, Texas, has announced the successful sale of its convenience retail (Tiger Totes), Exxon and Shell branded fuel distribution, and commercial business assets to Cole Distributing Company and its affiliates of Palestine, Texas. In 2020, Johnson retained Corner Capital’s…
Classic Star Group LP & Ziptron Energy, Inc. Acquired by Brad Hall & Associates, Inc.
FORT WORTH, TX (DFW) – Classic Star Group LP and Ziptron Energy, Inc. (“Classic”) based in the Dallas-Fort Worth area and distributors of branded and unbranded fuels and branded lubricants in Texas, Louisiana, Tennessee, Virginia, Kentucky, and Georgia announced today that they have successfully consummated the sale of their businesses to Brad Hall & Associates…
Herndon Oil Announces Sale to Tri Star Energy
ABBEVILLE, AL – September 1st, 2021 – Herndon Oil Company announced today that it has sold its Southern Traders convenience retail chain and Shell-branded fuel distribution business to Tri Star Energy of Nashville, Tennessee. Headquartered in Abbeville, AL, Herndon Oil Company traces its roots back to the late 1950’s when two brothers, C.S. Herndon and…
Wag-A-Bag Acquired by Refuel
Round Rock, Texas – Wag-A-Bag, LLC, and its affiliates (the “Company”), owners & operators of the Wag-A-Bag Convenience Stores and a branded retailer of Shell and Valero motor fuels in Round Rock and Austin, Texas, has successfully closed its sale transaction to Refuel Operating Company, LLC, an affiliate of First Reserve, a leading global private…
Story Distributing Company Acquired by Parkland
Bozeman, MT – Story Distributing Company, operators of Casey’s Corner Convenience Stores and a full line branded wholesaler and retailer of petroleum fuel products in Montana, has successfully closed its sale transaction to Parkland through its U.S. based subsidiary (“Parkland USA\”). Story Distributing Company was formed in April of 1976 by Doug Alexander when he…
New Staffing Announcement, Austin, Texas
Corner Capital is pleased to welcome Rob Thomas to the Business Development team at Corner Capital effective January 1, 2021. After 34 years of service with both Shell Oil Company and Motiva LLC, Rob recently retired from his position as Sales Manager in the Southeast U.S. Early in his career Rob served in numerous capacities…
Story Distributing Company to be Acquired by Parkland
BOZEMAN, MT – Story Distributing Company, operators of Casey’s Corner Convenience Stores and a full line branded wholesaler and retailer of petroleum fuel products in Montana, announced today that it has entered into an acquisition agreement with Parkland through its U.S. based subsidiary (“Parkland USA\”). Parkland is one of North America and the Caribbean’s fastest…
Transaction Announcement: Putnam Co. & Acorn Markets, Inc. sells to United Refining Company of Pennsylvania
Wellsboro, PA (December 1, 2020) – Acorn Markets, Inc and Putnam Co., (the “Company”) has announced the successful sale of its convenience retailing and ExxonMobil branded fuel distribution business assets to United Refining Company of Pennsylvania and its affiliates. Prior to the beginning of the COVID-19 pandemic, the Company requested Corner Capital’s valuation and strategic…